Headlines

Ponzi Scheme Leads to Federal Charges

A former Rochester man has been charged by federal authorities with running a Ponzi Scheme. Prosecutors charged 39-year-old Christopher Parris, currently of Atlanta, with conspiracy to commit mail fraud, mail fraud and conspiracy to engage in money laundering. They say Parris and his partner, Perry Santillo, were doing business as Lucien Development, based in Rochester. […]

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Headlines Business

Rochester Man Accused of Running $100 Million Ponzi Scheme

Federal prosecutors say a Rochester man has pleaded guilty to running a nationwide Ponzi scheme that began in Rochester. Perry Santillo is accused of working with four others to defraud about a thousand investors out of more than $100 million.    Santillo pleaded guilty to stealing millions from his investors and using the money in […]

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